M

Manzanita Capital

Family Office

Founded 2001, Fisher family office based London. Specializes luxury/premium niche beauty brands across US, UK, Europe, Asia. Portfolio of 14+ companies incl. Diptyque (acquired 2005), Space NK (exited Jul 2025 to Ulta Beauty), Byredo (sold Puig 2022 £1bn). Recent: DS&Durga majority stake (Feb 2024). Team of 7 (6 partners), CEO Bill Fisher ex-Gap International Division. Board-level value-add on retail, distribution, international expansion.

Check Size
£2M - £30M

Investment Focus

Investment Thesis

Luxury beauty & fragrance specialist. Early-stage to growth (Series A/B). £2-30m cheques. Portfolio spans fragrances (Diptyque, DS&Durga, Byredo), skincare, colour cosmetics, retail (Space NK). Seeks exceptional founders, strong brand equity, global expansion potential. Patient family capital (Fisher/Gap founder), long-term hold horizon. Active board participation. Values creative integrity with operational scaling.

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